PA State Budget Agreement Reached – Transit is saved!

Finally, late last night, the legislature agreed on a new budget for the state, ending the shutdown.  Among all the other points with this agreement, transit and our roadways are receiving an additional 946 million dollars a year.  Money for this is being paid by bonds, an increase in tolls in 2009, and the implementation of tolls on Interstate 80.  Rendell feels that this additional money will satisfy the needs of transportation in the state for the next 10 to 15 years.

More information on this budget agreement can be found here: http://www.philly.com/philly/hp/news_top/20070710_Deal_Ends_Shutdown.html